STAND. COM. REP. NO. 3482

Honolulu, Hawaii

RE:    H.B. No. 2264

       H.D. 1

       S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

Sir:

     Your Committees on Judiciary and Labor and Ways and Means, to which was referred H.B. No. 2264, H.D. 1, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE HIGH TECHNOLOGY DEVELOPMENT CORPORATION,"

beg leave to report as follows:

     The purpose and intent of this measure is to make an appropriation to the High Technology Development Corporation for the provision of technology internship grants and development of programs to support the local talent pipeline for the technology industry.

     Your Committees received testimony in support of this measure from the High Technology Development Corporation and Chamber of Commerce Hawaii.

     Your Committees find that the High Technology Development Corporation is a key agency in developing the technology industry in the State.  Your Committees further find that internships have proven to be an effective way to introduce talent to careers in the technology industry and provide startup companies with resources to help them grow to the next level.  Implementation of this measure will support local talent and further the High Technology Development Corporation's goal of creating eighty thousand new technology and innovation jobs earning more than $80,000 per year by 2030.

     As affirmed by the records of votes of the members of your Committees on Judiciary and Labor and Ways and Means that are attached to this report, your Committees are in accord with the intent and purpose of H.B. No. 2264, H.D. 1, S.D. 1, and recommend that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committees on Judiciary and Labor and Ways and Means,

________________________________ JILL N. TOKUDA, Chair

________________________________ GILBERT S.C. KEITH-AGARAN, Chair